{
  "url": "https://openlegislation.uk/community-legal-service-financial-regulations-2000/regulation-32",
  "json_url": "https://openlegislation.uk/community-legal-service-financial-regulations-2000/regulation-32.json",
  "legislation": "uksi/2000/516",
  "legislation_title": "The Community Legal Service (Financial) Regulations 2000",
  "legislation_url": "https://openlegislation.uk/community-legal-service-financial-regulations-2000",
  "path": "regulation/32",
  "kind": "regulation",
  "number": "32",
  "heading": "Calculation of capital",
  "text": "(1) In calculating the disposable capital of the person concerned, the value of any interest in land shall be taken to be the amount for which that interest could be sold less the amount of any mortgage debt or hereditable security, subject to the following:\n(a) in calculating the value of his interests, the total amount to be deducted in respect of all mortgage debts or hereditable securities shall not exceed £100,000;\n(b) in making the deductions in sub-paragraph (a), any mortgage debt or hereditable security in respect of the main or only dwelling shall be deducted last; and\n(c) the first £100,000 of the value of his interest (if any) in the main or only dwelling in which he resides, after the application of sub-paragraphs (a) and (b), shall be disregarded.\n(2) Where the person concerned resides in more than one dwelling, the assessing authority shall decide which is the main dwelling.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "replaced (by regs 32, 32A, 32B)",
      "affecting": "uksi/2005/589",
      "affecting_title": "The Community Legal Service (Financial) (Amendment) Regulations 2005"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2000/516/regulation/32",
    "retrieved_at": "2026-10-29T09:20:02.004775+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}